$BTC
🔥 Latest Bitcoin Whale Alerts! 🔥
🐋 **Shocking moves in the last hour:**
- 🚨 **3,200 BTC** (303M USD) transferred between unknown wallets.
- 🚨 **616 BTC** (58.4M USD) leaving#BitGetto a private wallet.
- 🚨 **1,347 BTC** (127.9M USD) moved to a new unknown wallet.
📈 **Whales don't rest!** Accumulation or strategic moves? The market could react soon. 💎
Bitcoin
📊 What do these moves mean?
Large Bitcoin moves can indicate different intentions:
1️⃣ Transfers to exchanges: Possible sale, which generates selling pressure and can lower the price.
2️⃣ Transfers from exchanges: Signal of long-term accumulation (HODL), seen as a bullish movement.
3️⃣ Movements between unknown wallets: Could be for security, diversification or preparation for future exchanges.
Yes, whale movements and their impact:
Up (Bullish): Transfers from exchanges to private wallets indicate accumulation (HODL), reducing supply and favoring an increase in price if demand remains.
Down (Bearish): Transfers to exchanges suggest an intention to sell, increasing supply and generating selling pressure that could lower the price. 📉📈
The graph shows the points where whales come into play and the resistances and supports.